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Benefits and expenses — articles

Features and articles from ICAEW on taxation related to employee benefits and expenses within the UK tax regime.
Displaying 1-28 of 28 results
INSIGHTS VIEWPOINT Budget: Key changes to income tax administration, payments and penalties
  • Nov 2025
  • ICAEW Insights
Easements for Making Tax Digital (MTD) for income tax, penalty reform announcements and changes to self assessment payments.
INSIGHTS VIEWPOINT Budget: NIC saving on salary sacrifice pension contributions capped
  • Nov 2025
  • ICAEW Insights
At the Autumn Budget 2025, the government announced that employers and employees will be required to pay national insurance contributions (NIC) from April 2029 if the amount of salary sacrificed for pension contributions exceeds £2,000.
INSIGHTS VIEWPOINT Employers have until 6 July to file P11Ds for 2024/25
  • Jun 2025
  • ICAEW Insights
ICAEW’s Tax Faculty reminds employers of the deadline to file forms P11D and P11D(b) and explains how to correct errors.
INSIGHTS VIEWPOINT HMRC reminds employers to report loans on forms P11D
  • May 2025
  • ICAEW Insights
HMRC has asked companies whose financial statements show loans to directors and employees of more than £10,000 each to check if they need to include the loans on forms P11D for 2024/25.
INSIGHTS VIEWPOINT New tax return box for student loans and payrolled benefits
  • Mar 2025
  • ICAEW Insights
Taxpayers who make student loan repayments and whose income includes payrolled benefits in kind (BIKs) may need to complete a new box when submitting their self assessment (SA) return for 2024/25.
INSIGHTS VIEWPOINT ICAEW’s tax content can help you keep up to date
  • Mar 2025
  • ICAEW Insights
Get up to speed with the hot topics in tax and meet your continuing professional development (CPD) obligations. See our latest updates on MTD for income tax, R&D tax relief, payrolling benefits in kind, employee ownership trusts and VAT.
INSIGHTS VIEWPOINT ICAEW has questions for HMRC on mandatory payrolling of benefits
  • Feb 2025
  • ICAEW Insights
ICAEW believes that clarification is needed regarding the government’s plans to mandate the reporting of income tax and class 1A national insurance contributions (NICs) for most benefits in kind (BiKs) through pay as you earn in real time.
Exclusive TAX FACULTY The tax benefits of employee ownership trusts
  • Dec 2024
  • Nick Wright
  • Taxline
In the second of two articles on employee ownership trusts (EOTs), Nick Wright explores the capital gains tax exemption for the shareholders of the trading company and the income tax exemption for employees receiving bonuses.
INSIGHTS VIEWPOINT Tax return fix for student loan deductions
  • Sep 2024
  • ICAEW Insights
Taxpayers who make student loan repayments and whose income includes payrolled benefits in kind (BIK) should follow HMRC’s guidance when completing their self assessment (SA) tax return, warns ICAEW.
INSIGHTS VIEWPOINT Tax news in brief 19 June 2024
  • Jun 2024
  • ICAEW Insights
Highlights from the broader tax news for the week ending 19 June 2024, including: a malware warning from HMRC; help from HMRC with submitting forms P11D and P11D(b); and developments in international tax.
Exclusive TAX FACULTY How to prepare for mandatory payrolling of benefits in kind
  • Jun 2024
  • Michael Nicolaides and Kym Wise
  • Taxline
HMRC has announced that employers must payroll benefits in kind from April 2026. In this article, Michael Nicolaides and Kym Wise consider what we do and do not know about HMRC’s plans, and how employers can begin to prepare for the changes.
INSIGHTS VIEWPOINT Agents can register to payroll client’s benefits-in-kind
  • May 2024
  • ICAEW Insights
It is now possible for agents to register with HMRC for benefits-in-kind (BIK) to be taxed through their client's payroll for 2025/26 onwards.
FACULTIES ONLINE TAX FACULTY TAX NEWS Payrolling employer-provided benefits to be mandated from 2026
  • Jan 2024
  • Tax Faculty
The government will mandate the reporting and paying of income tax and class 1A national insurance contributions (NIC) on benefits-in-kind (BIK) via payroll software from April 2026.
FACULTIES ONLINE TAX FACULTY TAX NEWS HMRC updates guidance on charging company-provided electric cars
  • Sep 2023
  • ICAEW
HMRC accepts that no taxable benefit arises where an employer reimburses their employee for the cost of charging a company-owned, wholly electric car that is available for private use.
FACULTIES ONLINE TAX FACULTY TAX NEWS Have your say: HMRC consultation on employee ownership trusts and employee benefit trusts
  • Aug 2023
  • ICAEW
Reforms to the tax treatment of EOTs and EBTs proposed in the paper are intended to focus the rules more effectively on the policy objectives of rewarding employees and encouraging more employee engagement. Another objective is to prevent tax advantages being obtained through the use of these trusts outside their intended purposes.
Tax news in brief 12 April 2023
  • Apr 2023
Highlights from the broader tax news for the week ending 12 April 2023, including: pension lump sums; HMRC’s Digital Disclosure Service; digital services tax; partnerships holding UK residential property; till system disclosures; and disguised remuneration instalment arrangements.
FACULTIES ONLINE TAX FACULTY TAX NEWS P11Ds and P11D(b)s must be submitted only online from 6 April 2023
  • Mar 2023
  • ICAEW
Employers (except for the digitally excluded) will be required to submit and amend forms P11D and P11D(b) online only. Paper original and amendment forms P11D and P11D(b) will be rejected.
FACULTIES ONLINE TAX FACULTY TAX NEWS Revamp form P11D and surrounding processes, says ICAEW
  • Jan 2023
  • ICAEW
ICAEW’s Tax Faculty has called on HMRC to improve form P11D, used to report benefits in kind, to simplify administration for HMRC, employers and employees.
FACULTIES ONLINE TAX FACULTY TAX NEWS HMRC issues disguised remuneration loan charge discovery assessments
  • Nov 2022
  • ICAEW
ICAEW recommends that taxpayers seek independent advice if they receive an assessment as part of this HMRC campaign.
TAX FACULTY FACULTIES ONLINE OTS review of hybrid and distance working
  • Oct 2022
  • Lindsey Wicks
  • Taxline
Lindsey Wicks highlights some of the issues likely to be raised as part of the OTS review, including the workplace test, transfer of assets charges, household expenses, cycle-to-work schemes and remote working overseas.
FACULTIES ONLINE TAX FACULTY TAX NEWS How to improve PAYE and benefit-in-kind processes
  • May 2022
  • ICAEW
ICAEW’s Tax Faculty sets out its recommendations in response to the Office of Tax Simplification’s PAYE evaluation report to help ensure that employee tax and NIC calculations are right first time.
FACULTIES ONLINE TAX FACULTY TAX NEWS Tax-free childcare take up remains low despite considerable savings
  • Feb 2022
  • ICAEW
HMRC estimates that less than 22% of families eligible for the scheme had joined in March 2021. ICAEW’s Tax Faculty explains the choices for working families.
TAX FACULTY FACULTIES ONLINE The tax-efficient benefits of electric company cars
  • Jan 2022
  • Sam Inkersole
  • Taxline
Sam Inkersole explains how electric company cars offer a favourable benefit in kind for employers and employees alike.
PRACTICE DEPARTMENT Increase in founders and owners choosing employee ownership as a succession option
  • Oct 2021
  • Employee Ownership Trust
The employee ownership sector recorded a record 30% increase in the number of business transitions to employee ownership during the pandemic, as the Employee Ownership Trust explains.
FACULTIES ONLINE TAX FACULTY TAX NEWS Deadline nears for claims under disguised remuneration repayment scheme
  • Sep 2021
ICAEW’s Tax Faculty reminds agents and taxpayers that applications to reclaim tax under the disguised remuneration repayment scheme must be completed and received by HMRC by 30 September 2021.
FACULTIES ONLINE TAX FACULTY TAX NEWS Get to grips with changes to NMW and benefit easements
  • May 2021
Employment tax expert Kate Upcraft is sharing practical support on changes to the national minimum wage regulations, current easements to benefits-in-kind for employees and CJRS compliance in an upcoming Tax Faculty webinar.
FACULTIES ONLINE TAX FACULTY TAX NEWS Tax news in brief
  • Mar 2021
Highlights from the broader tax news week ending 3 March, which includes: publication date of Finance Bill 2021, updated guidance on NICs and benefits in kind, latest fuel advisory rates and HMRC webinars for agents on off-payroll working and penalties for enabling tax.
Exclusive BUSINESS AND MANAGEMENT FACULTY FACULTIES ONLINE Employee ownership - the future?
  • Sep 2020
  • Alison Coleman
  • Business and Management
Exploring whether employee owned businesses thrive
Displaying 1-28 of 28 results

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